UAE and Hong Kong sign final agreement to avoid double taxation on income
The UAE signed today the final agreement for the avoidance of double taxation on income with Hong Kong, during a…
Tax
1274 articles found
Israeli Swiss bank tax evasion investigation widens
A senior Israeli is among many suspected of owning unreported Swiss bank accounts totaling hundreds of millions of euros. …
Leumi May Reach Agreement With U.S. Over Tax Evasion by January
Bank Leumi Le-Israel Ltd. (LUMI) expects to reach an accord with the U.S. government by next month over accusations Israel’s…
New taxes will be the last resort to boost GCC revenues
Lower government revenues resulting from declining oil prices are expected to trigger further fiscal reforms across the GCC countries, however…
Israeli Swiss bank tax evasion investigation widens
A senior Israeli is among many suspected of owning unreported Swiss bank accounts totaling hundreds of millions of euros. …
Banking secrecy to remain despite FATCA
There is no threat to Lebanon’s banking secrecy, despite the mounting pressure from the international community to disclose the accounts…
Turkish Home Sales to Be Taxed on Capital Gains, Simsek Says
Turkey will tax capital gains from real estate sales as part of plans to turn the nation’s budget deficit into…
Saudi regulator suspends Deloitte from auditing listed companies
Saudi Arabia’s market regulator has suspended the local unit of accountancy firm Deloitte & Touche from doing auditing work for…
Qatar, UAE have world's least demanding tax frameworks
The Middle East continues to be the least demanding tax framework in the world, with an average total tax rate…
Bank Leumi Said to Be Near $400 Million US Tax Settlement
Bank Leumi Le Israel (LUMI) BM is close to a $400 million settlement of federal and state investigations into whether…
Turkey to build tax-free industrial zone in West Bank
Turkey is going to establish an organized industrial zone in the Palestinian city of Jenin in the West Bank, according…
Israeli Beneficiaries Subject to New Tax
For the first time, U.S. (and other) foreign trusts with Israeli beneficiaries will be liable for a substantial income tax.…